News for 'Bain'

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Rediff.com19 Jun 2023

The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said.

Philanthropy by India's super rich falls by a third in FY22, says report

Philanthropy by India's super rich falls by a third in FY22, says report

Rediff.com2 Mar 2023

Philanthropic contributions made by India's ultra high networth individuals (net wealth of over Rs 1,000 crore), also known as UHNIs, have fallen sharply to Rs 4,230 crore in FY22, from Rs 11,821 crore the previous financial year, according to the India Philanthropy Report 2023 by Dasra and Bain & Co, which was released on Wednesday. The report says that the dramatic fall, almost by a third, was due to the fact that contributions by the Azim Premji Foundation dropped by Rs 9,000 crore due to a share buyback of Wipro, which helped the foundation to access liquidity directly. However, the report laments that even excluding the Premji Foundation's contribution, "Indian UHNI contribution has not kept pace with wealth creation" and is "below par, with a 5 per cent contraction in FY2022".

Nasscom, Google set up call centre to help rural women entrepreneurs

Nasscom, Google set up call centre to help rural women entrepreneurs

Rediff.com13 Jul 2022

Nasscom Foundation along with Google has set up a call centre in collaboration with a not-for-profit body ISAP to help women farmers scale up their business. The project is being run on a pilot basis to initially reach out to 20,000 rural women entrepreneurs across six states -- Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan, Nasscom Foundation CEO Nidhi Bhasin said at the launch of "DigiVaani Call Center". "DigiVaani will be one place where rural women entrepreneurs will be able to call and get the information around various schemes available for them, which can help them scale up their business, be it government scheme or any other information that can be of help for them.

Modi, other prominent leaders pay tributes to Parkash Singh Badal

Modi, other prominent leaders pay tributes to Parkash Singh Badal

Rediff.com26 Apr 2023

The Punjab government has declared a holiday on Thursday as a mark of respect to the former chief minister.

Quartermiler Anjali Devi punches ticket to Asian Games

Quartermiler Anjali Devi punches ticket to Asian Games

Rediff.com16 Jun 2023

Four Indian quarter-milers running below 53 seconds augurs well for the country's hopes of winning six straight Asian Games gold in women's 4x400m relay since 2002.

What's Greenwashing?

What's Greenwashing?

Rediff.com21 Apr 2023

Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.

Lone woman among 10 ministers to be inducted in Punjab cabinet on Saturday

Lone woman among 10 ministers to be inducted in Punjab cabinet on Saturday

Rediff.com18 Mar 2022

The swearing-in ceremony of the Mann's cabinet will be held at Punjab Raj Bhawan at 11 am, officials said.

MP tweaks rules, gangrape, terror convicts to stay in jail for life

MP tweaks rules, gangrape, terror convicts to stay in jail for life

Rediff.com2 Sep 2022

Amid the debate over the release of Bilkis Bano case convicts, the Madhya Pradesh government's proposed new policy provides for a life sentence till death for those held guilty for offences like gangrape and terrorist acts.

Mumbai finally win the elusive Mushtaq Ali Trophy

Mumbai finally win the elusive Mushtaq Ali Trophy

Rediff.com5 Nov 2022

Chasing the modest target, Mumbai had their share of hiccups before Sarfaraz Khan once again showed what he is capable of with a timely unbeaten 36-run cameo off 31 balls to help his side cross the line with three balls to spare.

Private philanthropy outstripped corporate largesse by 42% in FY20

Private philanthropy outstripped corporate largesse by 42% in FY20

Rediff.com17 Mar 2021

Individuals flew the flag for philanthropy in FY20, escalating their contribution significantly in comparison with company and foreign fund donations, according to the Dasra/Bain & Co India Philanthropy Report of 2021. Funding by individual philanthropists went up by 42 per cent from Rs 21,000 crore in FY19 to Rs 30,000 crore in FY20.

SC closes proceedings into conspiracy to frame ex-CJI Gogoi

SC closes proceedings into conspiracy to frame ex-CJI Gogoi

Rediff.com18 Feb 2021

A bench headed by Justice Sanjay Kishan Kaul said that nearly two years have passed and the possibility of retrieving electronic records is very less in the probe.

Student's suicide sparks protests at Punjab varsity, Kerala professor booked

Student's suicide sparks protests at Punjab varsity, Kerala professor booked

Rediff.com22 Sep 2022

Prima facie, the student was facing some personal issues, as was suggested by a suicide note left by him, a police official in Phagwara said.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Pandemic keeps uber rich off charities, contribution drops to 11%

Pandemic keeps uber rich off charities, contribution drops to 11%

Rediff.com22 Mar 2022

In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the COVID-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report. While CSR (corporate social responsibility) spends have increased from 12 per cent in FY15 (two years into mandatory CSR spends) to 23 per cent in FY21, charity by the uber rich slipped from 18 per cent of the total funding in FY15 to a paltry 11 per cent in FY21, says global consultancy Bain & Company and charity-focused domestic consultancy Dasra in their India Philanthropy Report 2022. The report said that donation from private foreign companies has contracted from around 26 per cent in overall private giving in FY15 to around 15 per cent in FY21.

SC to inquire into claims of conspiracy to frame CJI

SC to inquire into claims of conspiracy to frame CJI

Rediff.com24 Apr 2019

The bench said it will take up the matter for hearing on Thursday.

I am not a hero: Sikh-American who IDed bombing suspect

I am not a hero: Sikh-American who IDed bombing suspect

Rediff.com21 Sep 2016

Harinder Singh Bains, the Sikh-American, who helped police capture the man wanted for the weekend bombings in New York and New Jersey, said he feared he might have been mistaken as the perpetrator because of the misconceptions about his faith.

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

CBI grills Kejriwal for 9 hrs; AAP leaders detained during protest

Rediff.com16 Apr 2023

Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.

10 AAP MLAs inducted into Punjab cabinet

10 AAP MLAs inducted into Punjab cabinet

Rediff.com19 Mar 2022

Governor Banwarilal Purohit administered the oath of office and secrecy to the 10 ministers at Punjab Bhawan in Chandigarh.

'Bad laws make for bad governance'

'Bad laws make for bad governance'

Rediff.com10 Jun 2019

Watch: Judge Gautam Patel delivers the first J B D'Souza Memorial lecture.

Why Are India's Rich Reluctant Givers?

Why Are India's Rich Reluctant Givers?

Rediff.com8 Apr 2022

A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth.

It's raining Rs 1 crore offers at IIT-Delhi

It's raining Rs 1 crore offers at IIT-Delhi

Rediff.com3 Dec 2021

Sixty such offers have been made on Day 1 of the placement drive.

Funding from family philanthropy in India triples to Rs 12,000 cr in FY20

Funding from family philanthropy in India triples to Rs 12,000 cr in FY20

Rediff.com15 Mar 2021

Family philanthropy has proven resilient throughout the pandemic and grew to nearly Rs 12,000 crore in fiscal year 2020, accounting for almost two-thirds of the rise in private sector funding since FY19, says a report. According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra, funding from family philanthropy has tripled its corpus, growing to nearly Rs 12,000 crore in FY 2020. As per the report, in FY 2020, private-sector funding which stems from four sources including foreign, corporate, retail, and high-net-worth individuals (HNIs) or families totalled about Rs 64,000 crore and 20 per cent of this came from family philanthropy. While foreign contributions account for a quarter of all funding, domestic corporation donations also known as Corporate Social Responsibility (CSR) account for 28 per cent and retail investors account for another 28 per cent.

Chouhan cedes chair to deity's portrait in cabinet meet, draws ex-babus' ire

Chouhan cedes chair to deity's portrait in cabinet meet, draws ex-babus' ire

Rediff.com28 Sep 2022

At a Madhya Pradesh cabinet meeting held in the temple town of Ujjain, Chief Minister Shivraj Singh Chouhan ceded his seat to Lord Mahakal's portrait, an act some former bureaucrats said was "unprecedented" in the history of the state and could have been avoided.

Meet the Indian behind the New York bomber's arrest

Meet the Indian behind the New York bomber's arrest

Rediff.com23 Sep 2016

'I came to this country from India 20 years ago to create a better life for my family. I am a father of four and a proud American citizen. I am also what America looks like.'

Sikh bar owner who helped nab NYC bombing suspect is a US hero

Sikh bar owner who helped nab NYC bombing suspect is a US hero

Rediff.com20 Sep 2016

A Sikh bar owner in the United States is being hailed as a hero for helping capture the 28-year old Afghan-American wanted for the weekend bombings in New York and New Jersey.

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global

Rediff.com31 May 2022

Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.

Punjab CM Mann gets hitched to Haryana doctor

Punjab CM Mann gets hitched to Haryana doctor

Rediff.com7 Jul 2022

The regular 'band, bajaa, baraat' were missing but the festivities seemed intact as Punjab Chief Minister Bhagwant Mann turned groom for his wedding with a doctor from Kurukshetra at his home.

What do Mukesh Ambani and Ramdev have in common?

What do Mukesh Ambani and Ramdev have in common?

Rediff.com27 Jul 2018

Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.

Women entrepreneurs can generate 150-170 mn jobs in India: Report

Women entrepreneurs can generate 150-170 mn jobs in India: Report

Rediff.com19 Feb 2020

Accelerating quantity and quality of entrepreneurship towards benchmarks from high-performing countries and Indian states can create over 30 million women-owned enterprises, of which 12 million can generate employment, a joint report by Bain & Company and Google said.

Mushtaq Ali: Gill, Jaiswal shine as Mumbai, Punjab advance

Mushtaq Ali: Gill, Jaiswal shine as Mumbai, Punjab advance

Rediff.com22 Oct 2022

Mumbai, Punjab, Karnataka, Himachal Pradesh and Bengal advance to QFs

AAP's giant killers fail to find place in Mann's cabinet

AAP's giant killers fail to find place in Mann's cabinet

Rediff.com19 Mar 2022

Among these are Labh Singh Ugoke, who defeated former chief minister Charanjit Singh Channi in the Bhadaur assembly segment by a margin of 37,558 votes, and Gurmeet Singh Khuddian, who beat Shiromani Akali Dal patriarch Parkash Singh Badal in his traditional Lambi seat by 11,396 votes.

Navjot Singh Sidhu dumps AAP, floats new party in Punjab

Navjot Singh Sidhu dumps AAP, floats new party in Punjab

Rediff.com2 Sep 2016

Navjot Singh Sidhu forms a new party called the 'Awaaz-e-Punjab' and ties up with the Pargat, Bains brothers.

How Eveready is trying to regain its mojo

How Eveready is trying to regain its mojo

Rediff.com8 May 2022

Over the past decade, a change in consumer choice swept through the battery industry - the walkman lost its mojo, smartphones took over cameras and batteries were tucked away in remotes and wall clocks that hardly needed frequent call-ups. The result: Brand Eveready lost mind space. And the company's attempt to stick to the on-ground marketing activities didn't quite help. But Eveready, now at the cusp of change, is putting things right - a new Give Me Red television commercial has been launched after a gap of 7 years featuring an empowered bride ski-diving to her wedding venue. The creative, according to Eveready sources, is in sync with the brand doctrine.

Rahane, Kishan star in India C's Deodhar triumph

Rahane, Kishan star in India C's Deodhar triumph

Rediff.com27 Oct 2018

Rahane dropped anchor to score an unbeaten 144 off 156 balls while the young Ishan Kishan smashed his way to an 87-ball 114 during their opening stand of 210, which took the C team's score to 352 for seven in 50 overs.

RIL stake sales help PE investments jump 38% in 2020

RIL stake sales help PE investments jump 38% in 2020

Rediff.com9 Jun 2021

Private equity investments in Indian companies grew 38 per cent to $62.2 billion last year, with inflows into Reliance Industries' telecom and retail ventures contributing nearly 40 per cent of the total value of the deals, a report said on Wednesday. Barring investments into Jio Platforms and Reliance Retail, the total deal value was down by 20 per cent over 2019 as the volume of large deals of more than $100 million dipped by a fourth, as per the report by Bain & Company and India Venture Capital Association. Overall investment activity remained muted from March to May last year due to COVID-led uncertainties and investor confidence recovered strongly in the second half to pre-COVID levels with late-stage and buyout deals witnessing increased traction, it said.

Why IIM-Lucknow grads are celebrating!

Why IIM-Lucknow grads are celebrating!

Rediff.com5 Feb 2019

147 domestic and international recruiters -- including Ola, Amazon, Flipkart and Xiaomi -- hired all 460 graduates.

'Entrepreneurship Is Exploding'

'Entrepreneurship Is Exploding'

Rediff.com29 Jul 2022

'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'

India colts beat SL to set up title date against Pakistan

India colts beat SL to set up title date against Pakistan

Rediff.com2 Jan 2014

Shrugging off their disappointing loss against Pakistan in the last game, India U-19 boys held their nerves as they eked out a three-wicket win against Sri Lanka with five balls to spare as they set up summit clash with arch-rivals Pakistan in the Asia Cup in Dubai.

Aww, Aishwarya!

Aww, Aishwarya!

Rediff.com14 May 2018

Aishwarya and her adorable daughter Aaradhya make a cute picture.

Media & entertainment space gets new PE fund

Media & entertainment space gets new PE fund

Rediff.com11 Oct 2021

In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible debentures (NCD) to companies in the content, distribution platform and services areas. The private equity fund has appointed a high-profile advisory body which includes ad guru Prahlad Kakkar, managing director of Red Chillies Entertainment and cricket team KKR Sports, actress and entrepreneur Raadhika Sarathkumar, who has starred in Malayalam, Hindi and Kannada films and runs Radaan Mediaworks. It also includes Ramnath Pradeep, former chairman and managing director of Corporation Bank, and Rajesh Gupta, senior partner of law firm SNG Partners.